Income tax return: The time limit for filing income tax was extended by the government for one day to assessment from 15 September to 16 September 2025 for the year 2025-26. The reason behind this was to give relief to technical flaws and taxpayers. But if you have not filed an ITR even then, then there is no need to worry, because you still have a chance.
Now what option has taxpayers?
If the taxpayers have not filed an ITR within the time limit, they can file it by 31 December 2025 with late fees. The Income Tax Department gives extra time under the rules, but penalty is imposed for it.
According to the rule, ITR can be filed by three months before the end of the assessment year or till its completion (which first) ITR can be filed. This year its last date is 31 December 2025.
Rules to file late
Under Section 234F of the Income Tax Act, if someone’s annual income is more than Rs 5 lakh, then he will have to pay a penalty up to a maximum of Rs 5,000 on late returns i.e. billed returns. At the same time, whose income is up to Rs 5 lakh, they will have to pay a maximum of Rs 1,000 late fee. That is, if the ITR has not been filed within a fixed time limit, the late fee can range from Rs 1,000 to Rs 5,000 according to the level of income.
Another important thing
Tax refunds can also be delayed by filing ITR from late. Many times it also comes to the Radar (scrutiny) of the Income Tax Department, which increases the risk of additional investigation. Another thing is to note that if your tax is made and you have not filed income tax, then you will have to pay 1 percent interest under Section 234A of the Income Tax Act.
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